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While gloomy projections about the economy and especially the fate of the world’s major stock markets abound, the voice of finance guru and author Robert Kiyosaki has been prominent recently.
In a post shared on xThe “Rich Dad Poor Dad” author made this clear by repeating the warning he first issued in his 2013 follow-up, “Rich Dad’s Prophecy.” Here’s what he said is coming for the stock.
Kiyosaki: BlackRock’s ‘Private Credit Ponzi Scheme’ will bring down the stock market
Prediction? The anticipated stock market crash was now on our doorstep. Criminal? BlackRock – More specifically, the multinational investment company’s “private credit Ponzi scheme.”
Although the financial personality did not elaborate, it is possible that his comments were instigated by recent reports (such as reuters) that BlackRock had limited withdrawals from a major debt fund in the wake of a wave of redemption requests – a move that spooked investors as concerns grew about the private credit industry as a whole (and the nearly $2 trillion industry).
Saying that BlackRock’s collapse would be swift and damaging to markets around the world, Kiyosaki suggested that the retirement funds of baby boomers around the world would be “wiped out” and that those looking for safe harbor might consider buying precious metals, cryptocurrencies and “partnerships in actual oil wells.”
Kiyosaki: Investors on any budget can start small with silver as a wealth instrument
Kiyosaki concluded his remarks by advocating the merits of physical silver, specifically what is referred to in the precious metals investment community as “junk silver” or circulated coins that contain significant amounts of silver – making them worth much more than their face value today.
“I like silver because even in 2026, if you have $10 you can go to a gold and silver dealer and buy $10 worth of worthless real silver… and get a great financial education from a dealer… who wants you as a long-term client,” Kiyosaki wrote, suggesting that it might be worth skipping a meal or two in favor of modestly increasing your precious metals portfolio instead.